Advertise On EU-Digest

Annual Advertising Rates

1/13/09

Trend Capital : Turkmenistan to emphasize diversification of energy resources market and its economy

For the complete report from Trend Capital click on this link

Turkmenistan to emphasize diversification of energy resources market and its economy

On the background of gas crisis between Russia and Ukraine, as well as global economic recession, Turkmenistan will more emphasize diversification of sale markets of energy resources and is economy, local experts believe.

“Presence of gas Kolndikes is not a guarantee of success and this fact dramatizes the latest news. There is always need for alternative routes. It is necessary to rely on interior reserves in order not to be a hostage of the Holland disease (dependence of treasury on deliveries of raw materials). The Turkmen government will emphasize thee milestones, as well,” a Turkmen expert told via telephone, keeping anonymity. He said that Turkmenistan has faced with a “mirror situation” around deliveries of energy resources to Tajikistan and some part to Afghanistan due to absence of customers’ contract with the transit Uzbek government. Although Russia and Ukraine having a transit contract cannot agree on a price for the Ukrainian market, a transit issue has become a leverage of pressure.

No comments: